Under Armour Sees Profits Fall; Posts First Apparel Sales Decline in Fourth Quarter
What a difference a year makes. A year ago at this time, Under Armour was flying high as apparel sales were routinely up in strong double-digits again and the company was prepping for its long-hyped launch into non-cleated footwear with the debut of the
Greg Norman Collection Sold to Tharanco
Greg Norman Collection has been acquired from the MacGregor Golf Company by The Tharanco Group. Greg Norman President and CEO Michael Setola will remain CEO and is a partner in the new company, Tharanco Lifestyle, LLC. Tharanco has owned such diverse bran
Brunswick Sees Fitness Go Negative on Tough Q4
Brunswick Corporation’s total sales for its fourth quarter ended Dec. 31, 2008 were $837.7 million, a 41.7% drop from last year's sales of $1.44 billion. The company said this drop was primarily the result of marine sales that had dropped 49.7% as we
WSA Reports New Exhibitors
The WSA Show and The Collections at WSA (the luxury designer segment of the exhibition) will see a combined 87 new exhibitors at its upcoming show, according to the event's organizers. The show is being held in Las Vegas from February 12-14…
Acushnet Sales Drop in Q4
Fortune Brands Inc., the parent of Acushnet Company's golf brands including Titleist, Cobra and FootJoy, reported that sales in its golf segment fell 13.4% in the fourth quarter ended Dec. 31, to $212.2 million from $245.1 million. The golf division
Anti-Dumping Complaint Filed Against China and Vietnam
The Shoe Manufacturers Association of Canada (SMAC) has requested that the Canada Border Services Agency (CBSA) re-investigate pricing of waterproof rubber footwear and bottoms exported or originating from the People's Republic of China and Vietnam..
Johnson Outdoors Outlines 2009 Savings Targets
Johnson Outdoors Inc. management said that disappointing holiday sales and declining consumer spending and confidence levels have “definitely made retailers more focused than ever on keeping inventory levels down.” Retailers are apparently signaling to t
New North American License for Kangol
Apparel Limited, based in Los Angeles, has reached an agreement to become the new North American licensee for Kangol Apparel, according to just-style.com. Apparel Limited makes the Dickies Girl line…
YKK America Appoints Fastening Business Leader
Michael Blunt, former SVP of sales for YKK (U.S.A.) Inc., has been named the Fastening Business Leader for YKK's North and Central America (NCA) Region as well as president of the company's subsidiaries, YKK USA and Tape Craft Corporation…
Delta Apparel Appoints New Board Member
Delta Apparel, Inc. has appointed Robert E. (Bob) Staton to its Board of Directors. Staton brings more than 30 years of business leadership to the company…
Confluence Shifts More to China
Confluence Watersports will be manufacturing the entirety of its composite boat program in China, effective June 2009. While ultimately it is a decision to lower the costs associated with manufacturing composite boats in the Easley, S.C. factory, the com
LaCrosse Footwear Sees Q4 Income Plummet
LaCrosse Footwear, Inc. reported results for the fourth quarter and full year ended Dec. 31, 2008. For the fourth quarter of 2008, LaCrosse reported consolidated net sales of $35.1 million, up 8% from $32.7 million in the fourth quarter of 2007. For the f
PEP Funds to Help Active Youth
The U.S. Department of Education recently announced the availability of $70 million dollars for the purchase of products, and for training on such products, that help get children active. These products include snowsports equipment, reported the SIA. The
CPSC Delays Some Safety Act Provisions
The Consumer Product Safety Commission has issued a one year “Stay on Enforcement” for the submission of “Testing and Certification” of compliance with the new lead and phthalates laws. The CPSC will not require Testing and Certification on products until
Columbia Pulls Back on Retail Strategy, Pares Expenses to Prepare for Year Ahead
Citing a weak sales forecast for 2009, Columbia Sportswear Co. said it plans to table plans to open branded retail stores in several U.S. cities. The outerwear giant also cancelled plans to ramp up its marketing and advertising budget and said it was impl
